Southeast Asia Clean Energy Facility (SEACEF) Project Dates: January 2022 - January 2024
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PROJECT OBJECTIVE

SEACEF is a capital facility established to provide catalytic capital and development support to early-stage clean energy projects and businesses in a market-responsive manner in Indonesia, the Philippines, and Vietnam. SEACEF was incubated through generous support of the European Climate Foundation. To date, SEACEF has invested in one regional project (Skye Renewables), 3 projects in Indonesia (Synergy Efficiency Solutions, Oyika, Xurya), 1 project in the Philippines (Real Wind Energy Inc., 4 projects in Vietnam (Blueleaf Energy, Eboost, Stride, Levanta Renewables).

PROJECT DESCRIPTION

 

The goal of SEACEF is to catalyse the move away from traditional fossil and thermal energy projects in key markets, showcasing how clean energy technologies can provide the energy solutions of the future at an equivalent or lower price, with a faster rate of deployment and reduced social and environmental costs.


SECTORS OR AREAS OF WORK
  1. Energy transition


BUDGET

USD 1,000,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. European Climate Foundation (ECF)
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE
GOVERNMENT PARTNER
  1. None
BUDGET

USD 1,000,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. European Climate Foundation (ECF)
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE
GOVERNMENT PARTNER
  1. None